Hilton

Hilton Worldwide Holdings is an American hospitality company headquartered in McLean, Virginia. Conrad Hilton bought his first hotel, the Mobley in Cisco, Texas, in 1919. Christopher Nassetta has been chief executive since 2007. Hilton's brand portfolio covers luxury, midscale and extended stay hotels. The company has spun off its timeshare and park businesses.

The company manages and franchises hotels under brands such as Hilton Hotels & Resorts, Conrad, Waldorf Astoria, DoubleTree, Hampton, Embassy Suites and Homewood Suites. Most properties are owned by third parties. Hilton earns income from management and franchise fees.

It has thousands of hotels in over 100 countries. The loyalty program is called Hilton Honors. Hilton is listed on the New York Stock Exchange. The company has an asset-light model and also runs Hilton Grand Vacations as a separate business. Hilton has been named to workplace lists in many countries. Marriott and Hyatt are among its chief competitors.